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EleoNora [17]
3 years ago
15

A $1,000 par value bond with a conversion price of $50 has a conversion ratio of

Business
1 answer:
AveGali [126]3 years ago
3 0

Answer:

Conversion ratio will be 20 shares

Explanation:

We have given bond value = $1000 per bond

Conversion price = $50

We have to find the conversion ratio

Conversion ratio is the ratio of bond value per bond to the conversion price

So conversion ratio will be equal to =\frac{bond\ value\ per\ bond}{conversion\ price}=\frac{1000}{50}=20\ shares

So conversion ratio will be 20 shares

So option (D) will be correct answer

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This year Nathan transferred $1 million to an irrevocable trust established for the benefit of his nephew. The trustee is direct
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Answer:

Zero- there is a $10 Million exemption equivalent ( d )

Explanation:

Annual exemption to be ignored = $15000

$1 million  to an irrevocable trust

taxable gifts = $6 million

A) The amount of gift tax Nathan must remit in 2017 ignoring annual exemption

The gift tax must remit in 2017 is zero because there is a $10 million exemption because of the annual exception ( even if the annual exception is ignored ) and  the lifetime benefits on taxable gifts that Nathan has is approximately $11.4 million, hence he wont be remitting any amount on gift tax in 2017

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3 years ago
Information technology has advanced dramatically within the last 25 years or so. At the same time there have been significant sh
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Answer:

Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?

In my opinion the world started to change during the 1970s when Steve Jobs introduced the personal computer. Before him, only huge corporations could afford computers since they were huge and costed millions. Since then, information technology (IT) has increased in gigantic steps and when the internet was available for public use, the world as we know it changed.

When the world was struggling again during the great recession, my hero came back and changed the way IT industry again with the iPhone and the whole app culture. I am a little over 25, and I can tell that everything was very different when I was a small kid. You actually needed to read a newspaper and use encyclopedias (very large books).

Now everything is on the web and now most of us are even working using the internet. In just seconds we know what is happening in China or any other country in the world, while before all we heard about China was that were many Chinese and they were communists. IT has enabled whole new industries that boost the economy much more than any other manufacturing business ever had. The world would be a much different place if it wasn't for the Apple I, the internet or the iPhone.

4 0
2 years ago
The journal entry to record direct labor used in process costing is a(n):___________
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Answer:

b. increase in assets and an increase in liabilities.

Explanation:

The journal entry to record the direct labor cost used is shown below:

Work in process Dr

   To wages payable

(Being the direct labor cost used is recorded)

Here the work in process is debited as it increased the assets and credited the wages payable as it also increased the liabilities

3 0
2 years ago
Suppose two athletes each sign 10-year contracts for $80 million. In one case, we’re told that the $80 million will be paid in 1
marusya05 [52]

Answer:

The athlete with equal installments got the better deal.

Explanation:

Two athletes each sign 10-year contracts for $80 million.

In one case, we’re told that the $80 million will be paid in 10 equal installments.

In the other case, the $80 million will be paid in 10 installments, but the installments will increase by 5 percent per year.

The one with equal installments will get $8 million every year.

But the one with increasing installments will get smaller payments initially as his payments were to be increased by 5% each year.

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3 years ago
A central bank buys treasury securities at market rates in order to:
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Answer:

C increase the money supply in the economy

Explanation:

apex

3 0
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